EMEL HUBER PDF

Jody Emel, Matthew T. Natural resource investment in the mining sector is often mediated through conflicts over rent distribution between corporate capital and landowner states. Recent rounds of neoliberal policy promoted by the World Bank have highlighted the need for landowner states to offer incentives in order to attract "high risk" capital investment. In Sub-Saharan Africa, in particular, countries have been pushed to offer attractive fiscal terms to capital, thereby lowering the proportion traditionally called rent.

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Jody Emel, Matthew T. Natural resource investment in the mining sector is often mediated through conflicts over rent distribution between corporate capital and landowner states. Recent rounds of neoliberal policy promoted by the World Bank have highlighted the need for landowner states to offer incentives in order to attract "high risk" capital investment.

In Sub-Saharan Africa, in particular, countries have been pushed to offer attractive fiscal terms to capital, thereby lowering the proportion traditionally called rent. This paper examines how the concept of "risk" has been mobilized to legitimate such skewed distributional arrangements.

We illustrate our argument by examining the nexus of World Bank mining policy promotion and Tanzanian policy in the late s meant to attract foreign direct investment in gold production. In closing, we suggest that just as "risk" is used to legitimate attractive fiscal terms for investment, recent events highlight how skewed distribution of benefits may set into motion risks that corporate capital had not bargained for.

A risky business : Mining, rent and the neoliberalization of "risk". N2 - Natural resource investment in the mining sector is often mediated through conflicts over rent distribution between corporate capital and landowner states. AB - Natural resource investment in the mining sector is often mediated through conflicts over rent distribution between corporate capital and landowner states. A risky business: Mining, rent and the neoliberalization of "risk". Abstract Natural resource investment in the mining sector is often mediated through conflicts over rent distribution between corporate capital and landowner states.

World Bank. Market risks. Geoforum , 39 3 , In: Geoforum , Vol. Emel J , Huber MT. Emel, Jody ; Huber, Matthew T. In: Geoforum. Access to Document Link to publication in Scopus. Link to citation list in Scopus.

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Faculty Biography

Skip to search form Skip to main content You are currently offline. Some features of the site may not work correctly. Emel Huber. Follow Author Claim Author Page. Publications 3. Citations 0.

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A risky business: Mining, rent and the neoliberalization of "risk"

Jody Emel, Matthew T. Huber , Madoshi H. In contemporary discussions of " resource nationalism," sovereignty is often imagined as the exclusive control of national states over internal resources in opposition to external foreign capital. In this paper, we seek to draw attention to the specifically national territorial forms of sovereignty that - rather than hindering the flow of capital - become constitutive to the accumulation of resource wealth by states and capital alike. Drawing from political geographical theorizations of sovereignty, we argue that resource sovereignty cannot be territorially circumscribed within national space and institutionally circumscribed within the state apparatus.

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Extracting sovereignty: Capital, territory, and gold mining in Tanzania

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